Then the GOP owns the 277 rise in the Dow today, right?
And the GOP owns the rise in Consumer Confidence announced since they shot down the bailout bill, right?
yes, they do. But the rise is of course due to the fact, that the traders believe that bailout is still near certain, and correct for the yday panic.
The point is, Pelosi holds all the cards now. She can engineer another 10% drop in the Dow, if she feels like it, and that will get blamed on the GOP.
I hope she hasn’t got the nerves for that, though.
yes, they do. But the rise is of course due to the fact, that the traders believe that bailout is still near certain, and correct for the yday panic.
The point is, Pelosi holds all the cards now. She can engineer another 10% drop in the Dow, if she feels like it, and that will get blamed on the GOP.
I hope she hasn’t got the nerves for that, though.